Paymentus and GLDS Team Up to Streamline and Expand Payment Solutions for Broadband Customers
September 14 2021 - 9:00AM
Business Wire
Paymentus Cloud-Based Systems to Bolster GLDS
Billing and Payment Management Capabilities
Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading
provider of cloud-based bill payment technology solutions, today
announced a partnership to bring Paymentus’ frictionless payment
solutions to broadband customers throughout North America, serviced
and installed through the GLDS network of broadband operators. This
initiative will streamline and expand payment options for broadband
service customers, and expand GLDS’ comprehensive suite of
cloud-based, automated, customer management and provisioning
solutions for the broadband provider market.
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the full release here:
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Paymentus has built a comprehensive billing and payments
solution set, which spans traditional and emerging payment methods,
to enable consumers to receive bills and make payments through
their preferred channels. With a wide array of tools to enable
customers to easily access bills, make payments, receive
notifications, and set up payment plans, Paymentus’ solutions,
combined with GLDS’s real-time integration to BroadHub® customer
management platform, will enable GLDS customers to free up valuable
customer service resources to drive customer satisfaction and
increase adoption rates.
With Paymentus, GLDS customers will have the ability to expand
their billing and payment functionality, including accepting secure
payments via automated IVR, digital wallets, including AmazonPay,
PayPal, and Venmo, and through retail merchants like Walmart.
“We are excited to partner with Paymentus to provide our
customers access to what we believe is the most comprehensive suite
of customer management solutions available anywhere,” said Garrick
Russell, president, GLDS. “Paymentus offers an innovative approach
to payment management and we believe our broadband service provider
customers will love the options they bring.”
“GLDS has revolutionized customer service and provisioning for
the broadband market,” said Dushyant Sharma, President and CEO of
Paymentus. “It is only natural that we partner with an organization
that shares our perspective of frictionless integration as the
fulcrum for improved customer service and value.”
Paymentus bill pay solutions are now available to GLDS customers
in North America.
ABOUT PAYMENTUS
Paymentus (NYSE: PAY) is a leading provider of cloud-based bill
payment technology and solutions for more than 1,300 billers across
North America. Our omni-channel platform provides consumers with
easy-to-use, flexible and secure electronic bill payment
experiences through their preferred payment channel and type.
Paymentus’ proprietary Instant Payment Network®, or IPN, extends
our reach by connecting our IPN partners’ platforms and tens of
thousands of billers to our integrated billing, payment, and
reconciliation capabilities. For more information, please visit
www.paymentus.com.
ABOUT GLDS
GLDS offers the leading customer management, billing, and
provisioning solution for small to mid-sized broadband service
providers worldwide. Stand-alone and cloud-based solutions feature
prepaid and postpaid billing for both subscription and
transaction-based services, FTTH, IPTV & Digital Authorization,
VOD, Voice and Data provisioning, Credit Card/ACH processing and
multi-touch customer self-care all pre-integrated in a
best-of-suite solution. GLDS has installed software for over 800
operators in 49 U.S. states and 48 countries worldwide, offering
“tier-one” features at significantly lower prices. For more
information, visit www.glds.com.
FORWARD-LOOKING STATEMENTS
This press release contains “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934 and the Private
Securities Litigation Reform Act of 1995. All statements other than
statements of historical or current fact included in this press
release are forward-looking statements, including but not limited
to statements regarding the success of Paymentus’ partnership with
GLDS. Forward-looking statements include statements containing
words such as “will” “expect,” “anticipate,” “believe,” “project,”
and similar expressions intended to identify forward-looking
statements. These forward-looking statements are based on our
current expectations. Forward-looking statements involve risks and
uncertainties. Actual results and the timing of events could differ
materially from those anticipated in such forward-looking
statements as a result of these risks and uncertainties, which
include, without limitation, risks related to the continued
implementation of our solutions with GLDS’ platform, the continued
impact of the COVID-19 pandemic; our ability to remain competitive;
our ability to develop new product features and enhance our
solutions; and other risks and uncertainties included under the
caption “Risk Factors” and elsewhere in our filings with the
Securities and Exchange Commission, or SEC, including, without
limitation, our Quarterly Report on Form 10-Q for the quarter ended
June 30, 2021, which we filed with the SEC on August 11, 2021. You
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this press release.
All forward-looking statements are qualified in their entirety by
this cautionary statement, and we undertake no obligation to revise
or update any forward-looking statements to reflect events or
circumstances after the date hereof.
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version on businesswire.com: https://www.businesswire.com/news/home/20210914005133/en/
Tony Labriola for
Paymentus tony@thinkinsideout.com (978) 815-8640
For Investors
Paul Seamon pseamon@paymentus.com
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